Hmmm asked:


My husband and i would like to sell our place and buy another place,however our debt income ratio is too high right now.
What would be better to pay off to lower our debt to help us move. Would it be better to pay off all our credit card / loan debt or one of our vehicles?
all our credit card/loan debt equals to around $10,000 and our vehicle is about $25,000

Thank you all for your help
i should also add that our credit card interest rate on everything is 19.9 % and up and our vehicle interest rate is 15%

highfieldzoo asked:


I need to save $10,000 by August 2007.
I have $24,000 in credit card debt with $30,000 in Limit and my average credit card interest is 18%.
Is it smarter to save money in savings or to pay off credit card bills and have more money available.